Oculus For Business goes after the same ground as HTC Vive

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"With Oculus for Business, more people will get the chance to try VR and experience the magic first-hand". And it has a higher resolution screen than the rift – 2,560 x 1,440px (single panel) vs. 2,160 x 1,200px (split between two panels).

Facebook is launching a new virtual reality (VR) headset which needs no separate PC to operate - but VR is lacking crucial components to make it a mainstream success.

2017 has already seen some massive price cuts on virtual reality equipment, as both the HTC Vive and Oculus Rift slashed their asking prices by hundreds of pounds in efforts to lure more customers into their ecosystems.

"This is a great opportunity - not only for businesses but for the long-term viability of VR", Oculus said.

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The Oculus Go is very portable, especially compared to the Rift. Oculus, the pioneers in the field of VR, is now owned by Facebook; with its VR team headed by former Google and Xiaomi executive, Hugo Barra. However, if you want, to listen to the audio privately, you can do that by connecting your earphones or headphones using the 3.5mm audio port on the Oculus Go. And if you've never experienced VR, the Oculus Go looks like it'll be a good place to start. While introducing the Go, Zuckerberg said it's a product meant to fill the gap between the affordable Gear VR and the Oculus Rift. Furthermore, Oculus will be selling Gear VR like controllers with the Oculus Go. The new prototype-stage VR headset is relatively sleeker, and offers six-degrees-of-freedom for motion control. The headset was then known under the code name "Santa Cruz".

Oculus has revamped the interface for Rift. Meanwhile, Pixar's first VR experience, Coco, is coming to Gear VR and Rift November 15.

Remember that you'll need a decent-spec PC to run any VR - if you don't have one, keep an eye on gaming PC deals - any high-end rig will run VR well, though some specifically advertise themselves as "VR-ready" now to show they meet the required specs for Vive and Oculus. To top that, Facebook says it will soon let friends hangout in these virtual homes.

As the cheapest of the VR sets on the market right now, we're not expecting to see massive reductions on PSVR hardware or games this year, but there will doubtless be some discounts.

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Thor will be the latest in the cast of playable characters for Marvel Powers United VR, launching for Rift in 2018.

The company is also promising to make improvements to avatars themselves.

Facebook, owner of Oculus, has announced that it is working on something called "Venues".

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